Refer to the information provided in Figure 6.6 below to answer the question(s) that follow. Figure 6.6
-Refer to Figure 6.6. Bill's budget constraint was originally EF. If his new budget constraint is AD, then his income
A) increased.
B) decreased.
C) increased and the price of bell peppers decreased.
D) decreased and the price of bell peppers increased.

Question

Refer to the information provided in Figure 6.6 below to answer the question(s) that follow.  Figure 6.6
-Refer to Figure 6.6. Bill's budget constraint was originally EF. If his new budget constraint is AD, then his income
A) increased. 
B) decreased. 
C) increased and the price of bell peppers decreased. 
D) decreased and the price of bell peppers increased.

Quizplus · Accepted Answer

The Answer of Refer to the information provided in Figure 6.6 below to answer the question(s) that follow.  Figure 6.6
-Refer to Figure 6.6. Bill's budget constraint was originally EF. If his new budget constraint is AD, then his income
A) increased. 
B) decreased. 
C) increased and the price of bell peppers decreased. 
D) decreased and the price of bell peppers increased.

Refer to the Information Provided in Figure 6